Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Shares Bought by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 219.5% during the fourth quarter, HoldingsChannel reports. The fund owned 78,140 shares of the company’s stock after acquiring an additional 53,682 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $2,165,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Advisory Alpha LLC increased its stake in Schwab U.S. Mid-Cap ETF by 195.3% in the 4th quarter. Advisory Alpha LLC now owns 5,718,828 shares of the company’s stock valued at $158,471,000 after purchasing an additional 3,782,365 shares in the last quarter. Legacy Wealth Management Inc lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 203.9% in the fourth quarter. Legacy Wealth Management Inc now owns 4,180,010 shares of the company’s stock valued at $115,828,000 after purchasing an additional 2,804,735 shares in the last quarter. Fragasso Financial Advisors Inc increased its stake in shares of Schwab U.S. Mid-Cap ETF by 201.2% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock worth $92,695,000 after purchasing an additional 2,234,519 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 2.6% during the 3rd quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock worth $270,683,000 after purchasing an additional 82,365 shares during the last quarter. Finally, Cerity Partners LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 14.6% during the 3rd quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock worth $188,180,000 after purchasing an additional 287,937 shares during the last quarter.

Schwab U.S. Mid-Cap ETF Stock Performance

Shares of NYSEARCA:SCHM opened at $28.96 on Tuesday. The business’s fifty day moving average price is $28.73 and its two-hundred day moving average price is $27.75. The stock has a market cap of $4.15 billion, a PE ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a one year low of $24.54 and a one year high of $30.28.

About Schwab U.S. Mid-Cap ETF

The Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of mid-cap stocks in the Dow Jones US Total Stock Market Index. SCHM was launched on Jan 13, 2011 and is managed by Charles Schwab.